Payments Companies news and trends

Mangopay Names Meta Veteran Sergi Herrero as CEO
Personnel // September 17, 2024

Payments infrastructure provider Mangopay has chosen Sergi Herrero as its new CEO. Herrero, a veteran of companies such as Meta, Square and BNP Paribas, is replacing Romain Mazeries, who is stepping down as chief executive, the Paris-based company announced Tuesday (Sept. 17). “Sergi brings a...

Nium Reportedly Putting IPO Plans on Hold
IPO // September 09, 2024

Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in an interview late Sunday (Sept. 8) that Nium will instead focus on bolstering its workforce and expanding revenues, with an...

Paytm’s Shares Fall as Widening Losses Are Anticipated
Banking // May 21, 2024

Paytm’s stock has reportedly fallen considerably amid the company’s troubles with Indian banking regulators. Shares in Paytm are down roughly 61% in the last six months, Bloomberg News reported Tuesday (May 21), one day before the company is set to issue an earnings report that will likely...

Paytm Money Names Rakesh Singh CEO as COO Departs
Personnel // May 05, 2024

Embattled Indian FinTech Paytm has just undergone a leadership shakeup. Bhavesh Gupta, the company’s president and chief operating officer, is stepping down from that role for personal reasons, parent firm One97 Communications said in a regulatory filing Saturday (May 4). In addition, the company has appointed Rakesh Singh as...

Quick Reads
Musk’s X Payments on Hold After Legal Threat in NY

October 27, 2024
Last year, Elon Musk made a bold prediction about the future of his social media platform. Instead of just being a place where people shared thoughts and content, X — rebranded from Twitter a few months earlier — would become a payments super app. “It would blow my mind if we don’t have that rolled […]

Mangopay Names Meta Veteran Sergi Herrero as CEO

September 17, 2024
Payments infrastructure provider Mangopay has chosen Sergi Herrero as its new CEO. Herrero, a veteran of companies such as Meta, Square and BNP Paribas, is replacing Romain Mazeries, who is...

Nium Reportedly Putting IPO Plans on Hold

September 09, 2024
Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in an interview late Sunday (Sept....

Paytm’s Shares Fall as Widening Losses Are Anticipated

May 21, 2024
Paytm’s stock has reportedly fallen considerably amid the company’s troubles with Indian banking regulators. Shares in Paytm are down roughly 61% in the last six months, Bloomberg News reported Tuesday (May 21),...